Bitfinex Integrates Institutional-Grade Connectivity Module from Market Synergy, Officially Goes Live

According to a recent blogpost released on the official Bitfinex website, the world’s largest Bitcoin exchange platform has officially released its latest institutional-grade connectivity system for commercial use (in conjunction with Swiss-based firm ‘Market Synergy’).

More About The Service

For those not aware of this latest development, Market Synergy has created a specially devised network that will assist Bitfinex’s ‘FIX gateway’ to help provide investors with the ability to access popular crypto-trading pairs around the clock (24*7). Not only that, this new system will also allow Bitfinex to efficiently manage “co-location services for its institutional clients” since it offers them with a constant FIX-based data feed (as well as ISP links to the associated digital asset gateways).

Last but not least, it is also worth noting that this new connection system will be hosted at a Swiss data centre located in ‘Zug — also known as the the crypto valley of Switzerland.

About Market Synergy

Market Synergy is a subsidiary of the FXecosystem Group, a company that provides many big-name firms with a host of connectivity services. At press time, the group already has under its control a “unified point-of-entry to connect to a myriad of FX market participants worldwide”. If that wasn't enough, the company also has streamlined access to its LD4 (London) and NY4 (New York) Meet-Me-Rooms (MMRs).

In regards to this latest partnership, Market Synergy’s CEO James Banister was quoted saying:

“Since we announced our plans to provide institutional standard connectivity for Bitfinex, we have had significant interest from global brokers and hedge funds to connect through our network to Bitfinex’s digital asset gateway. I am delighted that we are going live today and that institutional clients worldwide can benefit from our high performance connectivity to Bitfinex. We can also now offer colocation services to any Bitfinex institutional client.”

Final Take

Talking with a respected media outlet recently, Bitfinex CTO Paolo Ardoino went on record to say that his company’s partnership with Market Synergy will allow them to forge ahead with their data migration plans. Not only that, Ardoino then also went on to add:

“It has been a considerable undertaking but one we felt was integral to provide a service that matches our ambition and market expectation. We are glad to have been able to collaborate with Market Synergy to provide a solution that promises even greater speed and security across our platforms.”

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Shiraz J
Shiraz is a multi-year cryptocurrency analyst and blockchain journalist residing in Melbourne, Australia. When he is not writing about the bitcoin ecosystem, he enjoys the art of meditation, playing the blues and traveling the world.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Justin Sun's P2P Streaming Service Acquires eSports Platform DLive; Now Launches BitTorrent X Ecosystem

BitTorrent Inc, the popular peer-to-peer data sharing protocol and app, has acquired the well-known decentralized streaming platform DLive. The firm also announced that it...

DeFi Growth & Stablecoin Surge Most Bullish Crypto Development: DCG State of Crypto 2020 Survey

39% of the respondents that involve 150 portfolio companies see DeFi as the most bullish crypto development of 2020, as per the DCG Founders...

Non-Custodial Bitcoin Exchange, Hodl Hodl, Launches Lending Service Without KYC

Hodl Hodl, a non-custodial Bitcoin exchange, is launching a KYC-free lending product for its customers. The exchange claims that its lending product would be...

Total Value Locked in Harvest Finance Surpasses $1 Billion, Up 366,200% Since September

Decentralized platform Harvest Finance that provides users a way to farm assets for the highest yields now has more than a billion dollars in...

Strong Institutional Demand for Bitcoin, CME Becomes Second Largest BTC Futures Market

Bitcoin's price made a big shift this week as the bulls gained control of the market and pushed it past $13,000. A similar shift has...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today